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Feb 8, 2013 4:00am EST
of artists. at the christie's sale, that particular picture that was bought for $7 million which was bought six years ago for $18 million. >> is this the season? >> this is the london season. it's a bit like old fashioned so school. this week has been the impressionist week. next week is another london show of contemporary art and the next big show is going to be may in new york when a few more billion dollars will come up for sale and then it shifts on to october and then back into london. >> wow. chinese. >> the chinese are absolutely fascinated by this market. and we're seeing the growth of china -- if you look back ten years, china represent about five years of the buying in the art market. it's now 30%. it's overtaken the u.s. >> wow. >> thank you. >> phillip hoffman, the fine group, thank you so much for coming by. we'll bring you the results of that auction next week on wex. >>> do you think it's fair athletes get special tax breaks? this is so usain bolt can compete in the uk. keep your comments coming. e-mail us, >>> welcome back to "worldwide exchange." more than 50
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